As of today (2024-05-24), Hitek Global's share price is $1.3199.
Hitek Global's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.05. Hence, Hitek Global's Price-to-Free-Cash-Flow Ratio for today is N/A.
The historical rank and industry rank for Hitek Global's Price-to-Free-Cash-Flow or its related term are showing as below:
During the past 7 years, Hitek Global's highest Price-to-Free-Cash-Flow Ratio was 93.47. The lowest was 3.12. And the median was 15.37.
HKIT's Price-to-Free-Cash-Flow is not ranked *
in the Software industry.
Industry Median: 22.74 * Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
During the past 12 months, the average Free Cash Flow per Share Growth Rate of Hitek Global was -113.10% per year.
During the past 7 years, Hitek Global's highest 3-Year average Free Cash Flow per Share Growth Rate was 382.50% per year. The lowest was -54.20% per year. And the median was 102.70% per year.
Hitek Global Price-to-Free-Cash-Flow Historical Data
The historical data trend for Hitek Global's Price-to-Free-Cash-Flow can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Hitek Global's Price-to-Free-Cash-Flow
For the Software - Application subindustry, Hitek Global's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hitek Global's Price-to-Free-Cash-Flow Distribution in the Software Industry
For the Software industry and Technology sector, Hitek Global's Price-to-Free-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Hitek Global's Price-to-Free-Cash-Flow falls into.
Hitek Global Price-to-Free-Cash-Flow Calculation
Hitek Global's Price-to-Free-Cash-Flow ratio for today is calculated as
Hitek Global's Share Price of today is $1.3199.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hitek Global's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.05.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
Hitek Global (NAS:HKIT) Price-to-Free-Cash-Flow Explanation
Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.
In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.
Be Aware
In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.
Hitek Global Price-to-Free-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Hitek Global's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKIT has been successfully added to your 